Slowing supply of Australian treasuries will tighten spreads by 300bp: UBS
Gross supply of Australian government bonds is likely to decline this year and stay low until 2017. As such a return to a 100 basis point spread over US treasuries is feasible, according to UBS.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts